Loan to buy a wifi router

George

Uthiru, Kenya

100% repaid

Entrepreneur

Name

George

Member since

January 2015

On-time repayments

41 installments  •  20%

About Me

I recently graduated from the university.

Not yet having succeeded to get a stable job, I currently get my income from a part time jobs.

My current earnings are not enough to support myself and assist my parents to educate my younger siblings.

I plan to revive my cyber cafe and, hopefully, take it to the next level.

My Business

I have a passion for technology and business in that field.

I had earlier started a cyber cafe but I had to close it down (though temporarily) to concentrate on my University studies.

I considering venturing into it again but I don't have enough funds.

That's why am requesting for a loan so that I can be able to buy a wifi router worth $80 for my business to attract more customers - This will enable me charge a $10 monthly fee to each person in my neighbourhood with a laptop but no stable wifi connection .

Loan Proposal

I have a passion for technology and business in that field.

I had earlier started a cyber cafe but I had to close it down (though temporarily) to concentrate on my University studies.

I considering venturing into it again but I don't have enough funds.

That's why am requesting for a loan so that I can be able to buy a wifi router worth $80 for my business to attract more customers - This will enable me charge a $10 monthly fee to each person in my neighbourhood with a laptop but no stable wifi connection .

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 4, 2015

Repayment status

On Time

Projected term

10 months

Lenders

Godsglory1

Santa Cruz, United States

M

Mårten

Inden, Switzerland

T

tracilee

Wellington, New Zealand

E

elourenco

Porto, Portugal

A

adamdreaming

United States

W

Wes

United States

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  • George    Nov 30, 2015

    Sorry I had struggled quite a bit to repay my first loan.

    I lost my job soon after receiving the loan, which significantly affected my ability to repay according to my earlier plan.

    I have recently got another job, which makes it easier for me to clear the outstanding amount, as soon as my salary is in my account.

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  • George    Jun 30, 2015

    Sorry I have not been able to repay as per my schedule.

    This is because business did not pick as quickly as I had anticipated - Introduction of cheap smartphones by brands such as Tecno seem to have reduced the number of people requiring cyber cafe services.

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  • Antony    Apr 2, 2015

    Hello lenders.
    I wish to inform you that I have done my best to get in contact Wilfred since I noticed his account was running in arrears. Today, he managed to receive my call after I called him using my other line but unfortunately, when I informed him that I had called him as his Zidisha mentor, he hanged the call and could not receive it again even after several attempt to call him.
    I will continue to see if I can get in touch with him and if so, I will inform you.
    Happy Easter to you all.

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  • Antony    Jan 30, 2015

    George hello n welcome to Zidisha. For sure I see this as a great venture.
    May success be in your side.

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